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Lockdown Again! Be Financially Prepared! | Money News

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Here are the highlights of today's episode of Money News:

  • The Karnataka government hints to enforce lock down in Bengaluru if the number of COVID-19 cases increase. Although the first lock down came in as a shock, there is no room for it this time.One must be financially equipped in case a lock down is imposed. Watch the video to know how to be financially planned and prepared for a lock down.     
  • As the number of corona-infection cases are increasing day by day in India, IRDA has allowed the health and general insurance companies to offer short-term health insurance policies that will provide coverage against the COVID-19 infection for Rs 399/-
  • Bombay stock exchange announced trading of sovereign gold bond series 3 from today.
  •  As a move to make India “Aatmaanirbhar Bharat” or self reliant India, Government mandates E-commerce retailers to mention country of origin of products.
  • Due to the Corona virus crisis, Paytm Postpaid has increased their credit limit up to Rs 100,000  from Rs 60,000 to help people stay safe and eliminate the need to withdraw cash from ATM.
  • The unemployment rate in the country falls to pre-lock down level
  • To reduce cash withdrawals and encourage the concept of a digital economy, TDS on cash withdrawals are now more rigid  
  • Bank of Baroda reported a net profit of Rs 506.6 crore
  • Major consequences to be faced if aadhaar card is not linked with pan card!
  • Diesel price surpassed petrol price in Delhi
  • Gold price facing consecutive hike of Rs 48,333 for 10 gm.



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